JLL Philippines Events

The new year gives us another opportunity to better leverage opportunities amidst challenging global economic conditions impacting our local market. In JLL Philippines' Real Estate Market Overview, the firm presents a recap of 2022’s industry landscape and an outlook for 2023.

JLL Philippines zoomed in on microcities and its multi-sectoral impact through integrated townships. This real estate model favoured by top developers drives the future of urbanization and covers retail, residential, and occupier sectors.

February 2, 2023 (Thursday), 1:30pm-5:00pm​

Thought Leaders:​

•  Joey Radovan, Country Head, JLL Philippines​
•  Janlo de los Reyes, Head of Research and Strategic Consulting, JLL Philippines​
•  Lizanne Tan, Head of Office Leasing Advisory, JLL Philippines​
•  P. Ryan Isip, Head of Capital Markets, JLL Philippines​
•  Langdon Morris, Senior Partner, InnovationLabs LLC​
•  Terry Farris, Board Member, Green Antz Builders​
•  Arch. Felino ‘Jun’ Palafox, Principal Architect and Founder, Palafox Associates​

The Philippine real estate market has been particularly dynamic this quarter. We note several institutional investment opportunities in the market. We are tracking multiple changes in economic policies. With many factors to consider, we need to identify where to focus our resources on in the remaining months of 2022.

Last year, we projected that more companies would look into launching their own Real Estate Investment Trusts (REITs) as an alternative to raise capital for future expansions and further build corporate credibility. Now, there are six listed REITs and more developers are venturing towards this endeavor. We are seeing continued growth amidst economic challenges in this sector and are anticipating that developers will train their sites on listing their REIT.

Amidst all these, the demand for Logistics, Industrial and Data Centers continues to increase but is being met with a critical lack of modern logistics supply.

Vacancy across the board is decreasing, as demand for space grows. The outlook is promising, notwithstanding uncertainties to contend with.

Webinar date: October 26, 2022 (Wednesday)

Webinar time: 1:30 p.m. – 3:00 p.m. (PH time)

Thought leaders:

• Joey Radovan, Country Head, JLL Philippines
• P. Ryan Isip, Head of Capital Markets, JLL Philippines
• Janlo de los Reyes, Head of Research & Strategic Consulting, JLL Philippines
• Paolo Antonio Azurin, Head of Philippine Investment Banking, CLSA

The demand for office space is steadily increasing, with Business Process Outsourcing organizations and e-commerce firms being the major drivers of this need. Earlier this year, JLL Philippines has projected that the office market will be in full recovery mode by the second half of 2022, a forecast that is materializing now. The IT-BPO (information technology-business process outsourcing) industry has been continuously paving the way for long-term office space demand across the country, furthered by attractive labor demographics.

With different business models including retail, wholesale and mixed, diversification into the logistics space has also increased. Data center growth in the Philippines has been encouraging, with the trend on this sector consistently on an upswing.

Thought leaders:

• Joey Radovan, Country Head, JLL Philippines
• Janlo de los Reyes, Head of Research & Strategic Consulting
• Charlie McNaught, Director, Logistics and Industrial, JLL Philippines
• Rahul Arora, Head of Office Leasing Advisory, India

As we begin the second quarter of 2022, we continue to see the path to recovery in the increased activity in the business and commercial centers of the Philippines, owing to less stringent quarantine restrictions and the government's vaccination program.

The return to office, however, remains to be a huge undertaking across sectors. The rise and adaptability in remote working over the past two years, as well as events affecting the economy, has led to the current discussions on best practices moving forward. This applies not only in the office sector, but also in retail, logistics, residential, hospitality and data centers.

With the heightened talks about return to office deadlines, price hikes, and the upcoming national elections, business leaders must identify effective solutions to inspire confidence that empower employees to feel safe to resume operations in the physical workspace.

Thought leaders:

• Joey Radovan, Country Head, JLL Philippines
• Janlo de los Reyes, Head of Research & Consultancy, JLL Philippines
• Christopher Street, Head of Data Centres, JLL APAC
• Lizanne Tan, Head of Office Leasing Advisory, JLL Philippines
• Charlie McNaught, Director, Logistics and Industrial, Capital Markets, JLL Philippines

2022 is when we put our learnings into practice.

Almost two years into the pandemic, the Philippine real estate market needed to adapt quickly, with agility becoming the name of the game. This year will be all about identifying opportunities to drive growth in the coming months – arguably the Philippines’ most crucial in 2022 - as the country gears up for a change in government.

Programs revolving around hybrid work, humanizing the workplace, employee health and well-being, responsible real estate, flex transformation, workplace strategy and PropTech have become the key considerations in real estate requirements – no matter how big or small.

In this real estate market overview, we shared a recap of notable 2021 trends and revealed our forward views on the Metro Manila real estate landscape.

Speakers:

• Joey Radovan, Country Head, JLL Philippines
• Janlo de los Reyes, Head of Research & Consultancy, JLL Philippines
• P. Ryan Isip, Head of Capital Markets, JLL Philippines
• Calum Swinnerton, Head of Project and Development Services, JLL Philippines
• Charlie McNaught, Director, Logistics and Industrial, JLL APAC
• Carl Dizon, Senior Analyst, Capital Markets, JLL Philippines
• Nix Garchitorena, Energy and Sustainability Manager, JLL Philippines

In 2022, we anticipate economic recovery with many factors to consider, including the tail-end of the pandemic and new policies that may come with a new national government.

More than ever, strategic advisory becomes crucial to ensure always-on resiliency and growth for investors, developers, and occupiers amid an ever-evolving world of real estate.

In this real estate market overview, we discussed the current trends in the real estate landscape and the role of bespoke strategic real estate advisory in identifying opportunities to drive growth in the new year.

Speakers:

• Joey Radovan, JLL Philippines’ Vice Chairman, discussed JLL’s approach to winning strategic real estate advisory

• Janlo de los Reyes, JLL Philippines’ Head of Research & Consultancy, talked about the current trends in the Metro Manila real estate industry, covering residential, office, retail, hospitality, and industrial and logistics.

The pandemic increased the demand among corporate occupiers for a workplace that ensures their employees’ overall health, security, and productivity. Many developers now seek for WELL Building Standard certification—a rating system that advances health and well-being in buildings globally by measuring how human wellness is integrated in the structure.

In JLL Philippines’ recent webinar, The Path to WELLness: Best Practices from WELL-Certified Developments, we showcased our journey in achieving our WELL pre-certification for our head office in Makati and how WELL fits in the narrative of the Future of Work—a sustainable work environment that focuses on human experience.

Our esteemed speakers and panellists shared how they have put their people’s wellness at the center of their business through WELL:

• Astee Lim, Sustainability Manager, Energy and Sustainability Services of JLL Asia Pacific provided an overview on the relevance of the WELL Certification and present a case study on JLL Philippines’ WELL pre-certification

• Oliver Chan, Senior Vice President - Sales, Leasing and Marketing Operations of Arthaland & President & General Manager of Emera talked about how Arthaland advocates for sustainable lifestyles and practices through its developments

• Carmen Jimenez-Ong, CEO and Founder of Menarco Development Corporation delved into Menarco’s journey to being Southeast Asia's only WELL Gold and LEED Gold-certified corporate office tower

• Calum Swinnerton, Head of Project and Development Services of JLL Philippines shared his thoughts on how JLL's Philippine team can help developers and occupiers with their WELLness initiatives.

• Antonio Sabarre, Senior Director, Office Leasing Advisory of JLL Philippines gave his input on how locating in a WELL-certified building will be beneficial in terms of time, effort, and cost.

Fill out this form to watch the recording of the webinar.

The height of the pandemic saw many organizations to go on a wait-and-see mode and put their real estate decisions on hold. As economic activities have resumed with vaccinations being actively rolled out across the country, we ask these questions:

• How has the real estate market responded and adapted to these developments? How have supply, demand, and rent, among other indicators changed - relative to the previous quarters?

• As stakeholders are now reviewing their portfolios and strategies as they move forward post-pandemic, what are the key industry trends that investors, developers and occupiers need to be aware of? 

• What are the best practices on the use of property technology (PropTech) during the pandemic? How will these best practices come into play moving forward?

• How can investors, developers, and occupiers integrate PropTech in their operations to help them achieve their real estate ambitions?

In our latest webinar, we delved into the latest trends and updates in the real estate market in Q2 2021, as well as the pivotal role of PropTech in the market pre- and post-pandemic. 

Speakers:

• Janlo de los Reyes – Head of Research & Consultancy, JLL Philippines
  
• Carolyn Trickett – Growth Lead, JLLT Global Alliances
  
• Vivian Liao – Sales Director, JLL Technologies, APAC
  

Fill out this form to watch the recording of the webinar.

Clark—which comprises of the districts Clark Freeport Zone, Clark International Airport, Clark Global City and New Clark City—is fast becoming what it has been envisioned to become: a pillar of economic growth in Luzon that will decongest the Philippines’ capital.

Given the developments and infrastructure that already exist or are soon to be completed, Clark is an attractive prospect for local and foreign investors and locators alike as a good alternative for Metro Manila. Thus, investment and long-term leasing opportunities that span across many sectors abound in Clark, including office, hospitality, entertainment, residential and academia, among many others.

In our next webinar, we will delve into these opportunities and the real estate trends in Clark that you can take advantage of.

Fill out this form to watch the recording of the webinar.

Aside from our quarterly market overview, this knowledge-sharing session aims to answer the critical questions about how the future of the workplace will look like. It will also take a deep dive into how organizations can reshape their strategies as they navigate through huge changes to gain competitive advantage.

Speakers:

• Marie Puybaraud, JLL Global Head of Research Corporate Solutions, will walk us through the changes that corporate real estate may go through this 2021. This webinar will address the following questions:
  • How can hybrid work setup, employee engagement, and experiential spaces be tied together to ensure employee satisfaction and productivity?
  • How will commercial real estate strategy and investment integrate health and well-being in their priorities for the year?
  • How can technology unlock the power of hybrid work?
• Janlo de los Reyes, JLL Philippines Head of Research and Consultancy, will talk about the current trends in the Philippine real estate industry, covering residential, office, retail, hospitality, and industrial and logistics.

Fill out this form to watch the recording of the webinar.

In this webinar, we looked back on how the real estate industry landscape was revolutionized by the pandemic in 2020 and shared our insights on how the industry will fare in 2021 as it is continuously transformed by the evolving business strategies of investors, occupiers, and developers.

Speakers:

• Janlo de los Reyes, JLL Philippines’ Head of Research & Consultancy, discussed the overview of real estate in 2020—particularly in the office, residential, retail, hospitality, and logistics sectors. He also talked about the current and upcoming trends in the industry that businesses can take advantage of.
• Gonzalo Portellano, JLL’s Head of Portfolio Design Asia Pacific, highlighted how the workplace has evolved and will continue to do so as organizations are re-examining their real estate footprint.

Moderated by JLL Philippines’ Country Head, Mr. Christophe Vicic, a panel discussion with major industry movers was held to get their insights on how to remain agile amid the ever-changing real estate landscape through smart workplace design.

Panellists:

• Cathy Saldana, CEO and Managing Partner, PDP Architects & Projects Design Plus Architecture Management Corporation
• Lyndon Lim, Principal, Baring Private Equity Asia
• Francis D. Roxas, Chairman of AREIT Property Managers Inc. & Head for Leasing and Operations of Ayala Land Offices

Fill out this form to watch the recording of the webinar.

You might have enjoyed the 11.11 free shipping on that item you were eyeing for months through your favorite e-commerce platform. But did you know that this shopping convenience has its roots in the first Philippines freeports in the 1970s?

With such drastic change, who knows what lies ahead?

Speakers:

• Stuart Ross, JLL’s Head of Industrial for Southeast Asia gave a regional market commentary and outlook on manufacturing, logistics and e-commerce.
• Tom Over, JLL Philippines’ Director for Industrial and Logistics - Capital Markets reflected on the historic trends forming Luzon’s industrial and logistics sector from the 70s up to the present. He also shared his insights on the sector's prospective growth in the next 5 to 10 years.

As we are now in the last quarter of the year, many organizations are already starting to re-think their strategies for the months to come despite the uncertainties.

Know how the office, residential, hospitality, retail, and logistics sectors fared in the third quarter to help you (re)imagine a strategy that will lead you to thrive in the next months leading to 2021.

We also discussed how Asia Pacific office occupiers have been affected by the pandemic and the implications of these outcomes in the regional office market.

Speakers:

• Janlo de los Reyes – Head of Research and Consultancy, JLL Philippines
• James Taylor – Asia Pacific Research Head, JLL Corporate Solutions

Fill out this form to watch the recording of the webinar.

In this session, we focused on another real estate hotspot in the country: Metro Davao. We delved into how the “King City of the South” has been coping with the impact of COVID-19, particularly on the office sector through the success story of its mixed-use developments—zooming into how this market has been continuously adapting for progress.

How have landlords and tenants shifted their strategies in terms of their physical spaces?

How can technology be leveraged as we navigate through the next normal?

What are the opportunities that investors can look into to support their relocation or expansion to Davao?

Speakers:

• Janlo de los Reyes – Head of Research and Consultancy, JLL Philippines
• Antonio Sabarre – Senior Director for Commercial Leasing, JLL Philippines
• Ricardo Lagdameo – Vice President, Damosa Land, Inc.
• Mark Villorente – President, Association of Mixed-Use Property Developers

Fill out this form to watch the recording of the webinar.

In this exclusive discussion, we have put the spotlight on Metro Cebu’s office sector. We tackled how COVID-19 has affected the office landscape, how landlords and tenants are adjusting their strategies to cope with the situation in terms of their physical spaces and operations, as well as how technology can be leveraged as we traverse the next coming months of the year.

Speakers:

• Janlo de los Reyes – Head of Research and Consultancy, JLL Philippines
• Antonio Sabarre – Director of Commercial Leasing, JLL Philippines
• Zaide Zafra – General Manager, UnitedHealth Group – Research and Development (formerly Savvysherpa Asia, Inc.)

Fill out this form to watch the recording of the webinar.

The first half of the year proved to be an unprecedented challenge for businesses across all industries, massively affecting the real estate landscape and the Philippine economy in general. Amid the pandemic are green shoots—economic recoveries and emerging opportunities.

Aside from our regular real estate market overview, we covered data centers in this discussion - an emerging investment opportunity in the country due to the upsurge in e-commerce and other online financial transactions following the pandemic. 

We also discussed how more developers and investors are now increasingly interested in industrial and logistics.

Speakers:

• Alex Perkins – JLL Data Centre Solutions Lead for Asia Pacific
• Janlo de los Reyes – JLL Philippines Head of Research and Consultancy
• Tom Over – JLL Philippines Director for Industrial and Logistics

Fill out this form to watch the recording of the webinar.

With the Philippine economy gradually opening up again, how will the hospitality sector recover and manage its re-entry? How are other countries in the region managing their own markets’ re-entry? What are the investment opportunities in the sector that we can take advantage of?

In this webinar, we discussed how the sector will thrive in the next normal.

Secretary Bernadette Romulo-Puyat of the Department of Tourism gave a message about the Philippine government's involvement in furthering the growth of the country’s hospitality sector.

Speakers:

• Undersecretary Benito C. Bengzon – Department of Tourism, Republic of the Philippines
• Patrick Basset – Accor Hotels’ Chief Operating Officer for Upper Southeast and Northeast Asia
• Andrea Mastellone – Seda Hotels' Group Senior Manager
• Gabriel Stubbe – JLL Hotels & Hospitality’s Senior Vice President for Investment Sales Asia
• Janlo de los Reyes – JLL Philippines’ Head of Research and Consultancy

Fill out this form to watch the recording of the webinar.

With the easing of the enhanced community quarantine in Metro Manila, most of us are already gearing towards transitioning back to office operations.

In this exclusive virtual event of JLL Philippines, we tackled some of the industry's best practices in property and asset management that you may be able to adapt in your COVID-19 recovery plan and operations. The focus is on major components of property operations, tenant operations, and new procedures that may be implemented in the property to further mitigate the spread of the virus.

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This exclusive discussion covers how corporate occupiers are facing up to challenging market conditions, how landlords mitigate the effects, and what JLL’s industry views are following the COVID-19 pandemic.

Joining our expert panel is Julien Zhang, Managing Director of JLL Beijing, who shared his insights and recommendations on how JLL Beijing was able to successfully manage its return to operations after the lifting of the lockdown. His first-hand experience in navigating these challenging business circumstances will prove valuable to any business seeking to do the same.

Fill out this form to watch the recording of the webinar.